Our brush with a pension liberator and 7 tips for dealing with them

Scam Computer Keys Showing Swindles And FraudThe word ‘liberation’ is generally thought of as positive; indeed one online dictionary defines it as “the act of setting someone free from imprisonment, slavery, or oppression.” However, put the word ‘pension’ before it and the meaning changes completely. The pattern is all too familiar. It often starts with an unsolicited text followed by a phone call from the ‘pension liberator’, when they will try to persuade unsuspecting consumers to transfer their existing pensions into a new plan, often with the promise of a ...

Pensions: 45% of people have never reviewed their pension

A new survey has shown just how few people ever review their pension and that an increasing number are turning to friends and family for financial advice. Whilst the research, carried out by the investment firm Baring Asset Management, showed that the majority of people, who have not yet retired, recognised that it was important they understood how their pension was invested, a large percentage of people had never actually reviewed their pension. Attitude to risk Have you reviewed your pension?...